€200,000 allocated to progress roadmap for Knock Airport SDZ

A significant step has been taken towards the development of the strategic development zone (SDZ) at Ireland West Airport Knock (IWAK).

It is proposed that the Department of Enterprise, Trade and Employment allocate €200,000 per year for two years to Mayo County Council.

This will enable the employment of a dedicated project manager and the engagement of external expertise to develop a roadmap for the SDZ site, which has the potential to deliver over 4,000 jobs.

The designation of lands for the establishment of an SDZ by order of the government in May 2017.

if built out to full capacity, could deliver 95,025 square metres of commercial, business and enterprise space, 44,000 square metres of aviation Economic Development & Services, and 11,000 square meters of hotel accommodation and conference floor space.

Mayo TD Alan Dillon said the news marked 'significant progress towards unlocking the potential of the Knock Airport SDZ'

"I’m delighted the Taoiseach and Minister Simon Coveney have supported my proposal for this funding allocation, which will bring us closer to realizing the potential of the Knock Airport SDZ. By supporting the employment of a dedicated project manager and accessing external expertise, we can ensure effective planning and execution of the roadmap for the site's development," said Deputy Dillon. 

The practical governance arrangements for the transfer of funds, expected to commence in early 2024, will be agreed upon by the Department of Enterprise, Trade and Employment and Mayo County Council.

This will be overseen by a Steering Group comprising IWAK, the Western Development Commission, Mayo County Council, IDA Ireland, and Enterprise Ireland, alongside the Programme Manager for the West Regional Enterprise Plan.

Deputy Dillon stated: "This funding allocation recognizes the potential of the Knock Airport SDZ and ensures its integration with other regional development plans. By considering the feasibility study and related work, we can create a comprehensive roadmap that maximizes the economic benefits for the region."

This funding arrangement will be strictly limited to a two-year period. It is anticipated that at the end of this period, a roadmap endorsed by relevant stakeholders, including the Government, will be in place.

Detailed recommendations, including lead responsibility for advancing the SDZ's development, will also be provided. At that point, the initiative will transition to accessing normal funding mechanisms available for development projects of this nature.

"I am determined that, with the collaboration of all stakeholders and the implementation of a well-defined roadmap, we will create a thriving hub of economic activity that benefits the entire region," concluded Deputy Dillon.